Skip to main content
Home

Main navigation

  • Top stories
  • Health
  • Crime
  • Politics
  • Business
  • Tech
  • Culture
  • Sports
  • Weird
  • 1-1-2
Image
ABN Amro
- Credit: ABN Amro (source: wikimedia. org)
Business
ABN Amro
ABN Amro IPO
shares
government
Wednesday, 28 June 2017 - 18:00
Share this:
  • facebook
  • twitter
  • linkedin
  • whatsapp
  • reddit

Dutch state sells another 7% of ABN Amro shares for €1.5 billion

The Dutch state sold another 65 million ABN Amro share certificates, about 7 percent of the shares, the bank announced on Wednesday. The sale made the government 1.5 billion euros, ANP reports.

Following this sale, the Dutch government still holds 63 percent of ABN Amro's shares. The government intends to sell all its shares in the coming years. The next transaction can happen in 60 days at the earliest.

ABN Amro was nationalized during the 2008 credit crisis and returned to the stock exchange in 2015.

The certificates sold for 22.75 euros a piece, just over 2 percent less than the closing price on Tuesday .

Follow us:

Latest stories

  • Essent to slash energy rates by 50%, affecting 1.2 million Dutch households
  • More phone scams reported in Netherlands, especially in English
  • Garbage strikes announced for Rotterdam, The Hague, Groningen
  • Dutch PM wants to "detoxify" border fences discussion; Unlikely that EU will fund them
  • FvD and its split offs responsible for most absenteeism in Provincial Councils by far
  • Annual inflation rate fell for 4th straight month to 7.6 percent

Top stories

  • Annual inflation rate fell for 4th straight month to 7.6 percent
  • Dutch team rescues 11 people, dog from earthquake rubble in Turkey
  • Netherlands summons Russian ambassador over indications that Putin was involved in MH17
  • Three Dutch people reportedly among those killed in Turkey-Syria earthquakes
  • Putin played an active role in conflict around MH17 downing; No new suspects prosecuted
  • 42% of secondary school teachers witnessed anti-Semitism in class

© 2012-2023, NL Times, All rights reserved.

Footer menu

  • Privacy
  • Contact
  • Partner content